Market Update

  • GTA closes out 2016 with triple-high by Steve Randall

    New records were set in 2016 for low inventory, high prices and high-rise condo sales in the Greater Toronto Area, the Building Industry and Land Development Association (BILD) says

  • BMO announces incentive for first-timers by Steve Randall

    First-time buyers can receive up to $1,000 towards the cost of their new home under a new incentive program announced by BMO

  • Housing red flags from RBC with more regulations expected by Steve Randall

    Affordability in Vancouver and Toronto, the rental market balance in Calgary, and levels of multifamily construction in four major markets; all highlighted as significant risks to the housing market by RBC Economics

  • Toronto condo sales continue to boom by Steve Randall

    There was a 22.3 per cent year-over-year rise in condo sales in the Greater Toronto Area in the last three months of 2016 with 6,831 units sold

  • Canadians are earning more data shows by Steve Randall

    Average weekly wages of non-farm payroll employees in Canada increased slightly in November, up 0.8 per cent from both the previous month and a year earlier, to $961

  • Reverse mortgage sales soar for HomEquity by Steve Randall

    HomEquity Bank has reported a 26 per cent rise in reverse mortgage sales with a total of $459 million in 2016

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